Business

Delay for Canberra electric car network

The rollout of Canberra's planned electric car network has been delayed after the international company behind the scheme announced it is consolidating its operations.

Israel-based company Better Place has undergone a change of management and is shifting its short-term focus from Australia to its existing markets in Denmark and Israel.

Canberra power retailer ActewAGL has a $60 million 10-year contract with Better Place to supply electricity for the network.

ActewAGL's Diane O'Hara says the contract has just been delayed and will go ahead.

"At this stage it will delay the Australian operations, which is obviously very disappointing, but there has been a decision to consolidate some of their overseas operations and that may well slowdown some of their planned deployments in Australia," she said.